The crude oil market fluctuates and rebounds. GateXBR positions and XTI turnover both lead the industry

The crude oil market showed a restorative rebound after previous fluctuations. International oil prices have generally strengthened. Among them, Brent crude oil (XBR) is now at US$101.03, up 2.16% in 24 hours;WTI crude oil (XTI) is now at US$93.80, up 2.02% in 24 hours, showing a turbulent recovery trend.<br /> Against the background of intensified price fluctuations, trading activity in crude oil contracts continued to remain high. According to CoinGlass data, the 24-hour transaction volume of XTI contracts on the Gate platform reached US$5.1763 million; at the same time, the XBR contract positions reached US$3.1472 million, both maintaining an industry-leading position, reflecting the platform's liquidity advantage and market participation in energy derivatives trading continue to increase.<br /> Gate Contract is the first commodity contract sector, covering XBRUSDT (Brent crude oil), XTIUSDT (WTI crude oil) and NG (natural gas) perpetual contract transactions. It provides 7×24-hour trading, USDT settlement and up to 100 times leverage, helping users carry out cross-market asset allocation and strategic layout in volatile markets.